Overview
What is Ywam - Arctic Mercy Inc?
Ywam - Arctic Mercy Inc is a nonprofit organization devoted to Christian missionary service and training. They specialize in reaching out to underserved communities in remote areas, focusing on youth, elders, children, and families. Their mission is to spread the love of Christ and help individuals understand their purpose in life by fostering cultural identity and expression. Furthermore, Ywam - Arctic Mercy offers safe, low-income housing for the underprivileged population in Homer, Alaska, situated on the southern Kenai Peninsula.
Official website here: www.ywamalaska.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star Rating
YWAM - Arctic Mercy Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a One-Star rating, the organization falls short in several key areas, particularly in board independence and governance policies. There are no independent board members, and the organization lacks crucial policies such as conflict of interest, whistleblower, and document retention.
Despite these governance issues, YWAM - Arctic Mercy Inc demonstrates a strong commitment to its programs, boasting an impressive program expense ratio of 84.45%. This suggests that a significant portion of its financial resources is directed towards fulfilling its mission rather than administrative overhead. Additionally, the organization has no material diversion of assets, indicating financial stability in that regard.
However, the absence of independent oversight and necessary governance policies raises red flags for potential donors and stakeholders. While the organization does post meeting minutes and maintains a favorable liabilities to assets ratio, the overall lack of transparency and accountability could deter support. Prospective supporters and partners should weigh these factors carefully when considering engagement with YWAM - Arctic Mercy Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Ywam - Arctic Mercy Inc legitimate?
Ywam - Arctic Mercy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ywam - Arctic Mercy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $35,757
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ywamalaska.com
What is the mission statement of Ywam - Arctic Mercy Inc?
Ywam - Arctic Mercy Inc's mission revolves around providing Christian missionary service and training. They extend their reach to remote and underserved areas, focusing on various age groups including youth, elders, children, and families. Their primary objective is to spread the message of Christ and instill a sense of purpose in life. Moreover, they foster cultural identity and expression through their outreach programs. Furthermore, the organization offers safe and affordable housing for low-income individuals in Homer, Alaska, contributing to the well-being of the underserved population in the southern Kenai Peninsula.
Official website here: www.ywamalaska.com
Who is the CEO of Ywam - Arctic Mercy Inc?
Gs Smith is the President of Ywam - Arctic Mercy Inc.
Official website here: www.ywamalaska.com
What is the revenue of Ywam - Arctic Mercy Inc?
Ywam - Arctic Mercy Inc's revenue in 2022 was $65,427.
Official website here: www.ywamalaska.com
Who are the executives of Ywam - Arctic Mercy Inc and what are their salaries?
The average compensation at Ywam - Arctic Mercy Inc during 2022 was $35,757. There is 1 employee at Ywam - Arctic Mercy Inc.
Here are 2 key members and their salaries:
- Compensation: $21,357
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ywamalaska.com
Where can I find the form 990 for Ywam - Arctic Mercy Inc?
Ywam - Arctic Mercy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ywamalaska.com
Learn more at the official website: www.ywamalaska.com
Mission Statement of Ywam - Arctic Mercy Inc
YWAM - Arctic Mercy Inc is a nonprofit organization dedicated to offering Christian missionary service and training. Their primary mission is to extend aid to remote and underprivileged communities, with a particular focus on youth, the elderly, children, and families. They strive to spread the love of Christ and impart a sense of purpose in life, while also promoting cultural identity and expression. Moreover, YWAM - Arctic Mercy Inc provides safe and affordable housing for the underprivileged population in Homer, Alaska, on the southern Kenai Peninsula. This aspect of their work underscores their commitment to empowering and supporting vulnerable communities.
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Impact
August, 2024
Ywam - Arctic Mercy Inc's impact is significant in providing Christian missionary service and training, particularly focusing on outreach to remote and underserved areas. The organization prioritizes ministry to youth, elders, children, and families, aiming to share the love of Christ and the purpose of life while encouraging cultural identity. Additionally, Ywam - Arctic Mercy offers low-income safe housing for the underserved population in Homer, AK. Through their efforts, they contribute to addressing spiritual, social, and practical needs in the community.
This information is meant to be a general summary of Ywam - Arctic Mercy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$6,006
- Gross Receipts: $88,481
Assets and Liabilities:
- Total Assets: $590,960
- Total Liabilities: $1,923
- Net Assets: $589,037
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Organization Details
Founding Year
2004
Phone
(907) 399-2403Principal Officer
Gs Smith
Main Address
P O BOX 959, HOMER, AK, 99603
Website
www.ywamalaska.comNTEE Category
Code: X20 - Religion related
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